DELIVERABLE FOR CASH FLOW FORECASTING
- The report on the cash flow forecast
- To discuss the study, one or more
- Virtual meetings with us
- An Annual Budget revised
- A list of KPIs or main success metrics that can be placed in place to track the strength of your potential cash position.
- To help you see different results,
- scenario analysis
- Other products upon request by you
CASH FLOW FORECASTING‘S ADVANTAGES
- Small business owners like you can gain clarity on your cash positions by Aj & Co Chartered Accountants LLC so that you know exactly where your company is. There are several advantages to the cash flow forecast:
- During the COVID-19 pandemic, it was the # 1 financial planning tool for small companies.
- You become cautious, weeks ahead of time, in recognizing cash shortfalls.
- Based on different sales assumptions, it can be extended to run what-if scenarios.
- This allows you to handle recruitment on a more even keel.
- It stops you from forming habits of feast-or-famine mentality and brings rationality into decisions on time-sensitive business and capital expenditure.
- It provides a alert system for when a loan or payroll payment can default on you.
- It easily detects accounting mistakes.
- This gives a precise budget method so that you have a plan for the remainder of the year.
- It’s good for preparation and better financial decision-making overall.